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Apr 16, 2013
04/13
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are we in a inflationary environment or a deflationary environment? lastly where is the next growth segment coming from? that is concerning everybody behind me now as they leave for the day. what happens tomorrow who knows but we're looking for the next growth metric. liz: now it is called a growth metric. david: we'll answer all the questions in the next 45 minutes so don't move. yahoo! reporting earnings just moments ago. let's get more from the numbers from nicole petallides on the floor of the stock exchange. >> a lot to talk about yahoo!. obviously new leadership. let's do the breaking news first which is the numbers coming out. what we're seeing eight eight cents a share beat analyst estimates 24 cents. that is earning per share. revenue came in light, 1.7 billion versus analyst estimates of 1.1 billion. revenue is trade and they're trading down in the after-hours. yahoo! has been under intense scrutiny since marisa mayer came over in july, a former google executive. taking over yahoo! and doing a great job some would argue. the stock is up over
are we in a inflationary environment or a deflationary environment? lastly where is the next growth segment coming from? that is concerning everybody behind me now as they leave for the day. what happens tomorrow who knows but we're looking for the next growth metric. liz: now it is called a growth metric. david: we'll answer all the questions in the next 45 minutes so don't move. yahoo! reporting earnings just moments ago. let's get more from the numbers from nicole petallides on the floor of...
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Apr 19, 2013
04/13
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the analyst at deutsche bank said considering this macro environment chipolte might not want to do that so quickly. there is so much competition in share of your stomach pace, right with burger king, panera, and mcdonald's. they are all doing restaurant innovations and menu changes appeal to customers who are watching their every penny. back to you. david: thanks, lauren. have a good weekend. liz: the burrito bowl is popular item at fox business because they're just across the street. >>> major airlines in america have a new destination and that is federal court. david: they're suing the government. they're hoping to head off expected big flight delays that are coming next week or expected for next week. jeff flock following that story at o'hare international air board in chicago. jeff, what is the story? >> they say the government could stop this if it wanted to but they're using it as a political football. look at this for example. this is weather day. see all the yellow? those are all delayed flights. this is typical weather day. they say that will be like that every day from here on
the analyst at deutsche bank said considering this macro environment chipolte might not want to do that so quickly. there is so much competition in share of your stomach pace, right with burger king, panera, and mcdonald's. they are all doing restaurant innovations and menu changes appeal to customers who are watching their every penny. back to you. david: thanks, lauren. have a good weekend. liz: the burrito bowl is popular item at fox business because they're just across the street....
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Apr 17, 2013
04/13
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plus emc is announced last month they will be entering the cloud computing environment. so we think they have got a number of positive stimuli going forward. probably a cheap as pe that emc has had for several years. lori: gene, make us some money here if you would. really interesting defensive stocks really led this rally. what do you think if we're coming down now? >> well, you know, leadership has been in a lot of different areas, and not just year-to-date but over the last year-and-a-half. david: forgive me, guys, i have got to break in here. we have american express express earnings. dennis, what are the numbers? >> yes the numbers beat the street on earnings but fall below revenue. street wanted 8.03 billion. earnings per share, american express, 1.15 a share. street was thinking $1.12. that is a beat. quarterlyly dividend for amex raised 15%. the company will spend $3.2 billion extra this year on stock buybacks before year-end and another one billion dollars in the first quarter of 2014. stock buybacks support a stock price. can't tell, looks like amex might head
plus emc is announced last month they will be entering the cloud computing environment. so we think they have got a number of positive stimuli going forward. probably a cheap as pe that emc has had for several years. lori: gene, make us some money here if you would. really interesting defensive stocks really led this rally. what do you think if we're coming down now? >> well, you know, leadership has been in a lot of different areas, and not just year-to-date but over the last...
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63
Apr 21, 2013
04/13
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you think about it, they are not even the environment. things like flavoring because we made energy chief: it became impossible to get rid of slavery. john: slow down, how did cheap energy and slavery? >> because you use machines instead of people. it actually on the whole undermines getting cheap eney,
you think about it, they are not even the environment. things like flavoring because we made energy chief: it became impossible to get rid of slavery. john: slow down, how did cheap energy and slavery? >> because you use machines instead of people. it actually on the whole undermines getting cheap eney,
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1.2K
Apr 19, 2013
04/13
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we are living in a very different country, we are living in a very different environment where it is no longer patriotism and love and family, it is not terrorists and hate. we have toounderstand that. we have to say we are in fact committed to our liberties and freedom, but you know, the people also deserve to be safe in their neighborhoods and homes. melissa: you think we have to figure out what to do from here, how to live differently, what should have been the indifferently for something like this not happen? >> we have many students in boston. they get here on a student visa from countries all across the world and we are happy about that but once they get here they don't return. many of them don't return and they stay here for 6 years, they marry and become permanent citizens and we don't know if these two young men from chechnya, i know what that places like. i have seen violence in belfast and all these places where i have been, as a diplomat and an ambassador. the other thing is i always -- at the marathon and walking up the street and saw hundreds and hundreds of young peopl
we are living in a very different country, we are living in a very different environment where it is no longer patriotism and love and family, it is not terrorists and hate. we have toounderstand that. we have to say we are in fact committed to our liberties and freedom, but you know, the people also deserve to be safe in their neighborhoods and homes. melissa: you think we have to figure out what to do from here, how to live differently, what should have been the indifferently for something...
75
75
Apr 20, 2013
04/13
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eye 75
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you think about , they are not even the environment. things like flavoring because we made energy chief: it became impossible to get rid of slavery. john: slow down, how did cheap energy and slavery? >> because you use machines instead of people. itactually on the whole undermines getting cheap energy, yo
you think about , they are not even the environment. things like flavoring because we made energy chief: it became impossible to get rid of slavery. john: slow down, how did cheap energy and slavery? >> because you use machines instead of people. itactually on the whole undermines getting cheap energy, yo
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Apr 22, 2013
04/13
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it is very different with a traditional public school environment with a monopoly. you could have one of 10 unionize the competing with the nine others it is a differing union in this scenario with the traditional schools. gerri: as this plays out of lot of people out there think the only thing that will happen is that the charter schools will gain more momentum at the end of the day the parents makes the decision. what happens? >> also statewide voucher laws that i new voucher just passed in alabama major cities as voucher programs like milwaukee and cleveland and washington d.c. it is exploding across the country as school choice. not just charter schools but i have actually forgot in your question. [laughter] the that is about the only form of school choice right now is. gerri: the unions want of a piece of the prize. >> but then looked at michigan who went right to work also indiana also wisconsin. gerri: the only area that aside union growth was public-sector because private sector was already on the down trend. come back soon.e it there. on this day in history
it is very different with a traditional public school environment with a monopoly. you could have one of 10 unionize the competing with the nine others it is a differing union in this scenario with the traditional schools. gerri: as this plays out of lot of people out there think the only thing that will happen is that the charter schools will gain more momentum at the end of the day the parents makes the decision. what happens? >> also statewide voucher laws that i new voucher just...
870
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Apr 17, 2013
04/13
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there is not much opportunity in a low yield environment. we're looking low single-digit type returns. maybe mid single at best. i think emd is is one of those opportunities. central banks paused in the first quarter in most markets in emerging market countries. i think the bump in yield we saw in the first quarter is an opportunity. we still think longer term those economies grow faster than developed countries. much less debt relative to the size of the economy. lori: i have to sop you there. we have breaking news. >> that opens up potential easing in the coming months. lori: it is an important part of every once investment portfolio. anthony, thanks. we'll check in with you. >> thank you. melissa: we have more breaking news about those reports that investigators believe they have identified a boston bomb suspect. rich edson is live at the white house with more on this rich, what have you heard? >> here are the details. fox news confirming authorities investigating the boston marathon bodies have an image of a young man carrying and perhap
there is not much opportunity in a low yield environment. we're looking low single-digit type returns. maybe mid single at best. i think emd is is one of those opportunities. central banks paused in the first quarter in most markets in emerging market countries. i think the bump in yield we saw in the first quarter is an opportunity. we still think longer term those economies grow faster than developed countries. much less debt relative to the size of the economy. lori: i have to sop you there....
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Apr 24, 2013
04/13
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ha-ha, a harvard academic says fracking is good for the environment. yeah, from harvard. he'll make his case next. thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. ♪ >> i think we're establishing a new normal for gas prices. not much movement overnight. a gallon of regular at $3.51. that, by the way, down 15 cents for the mounted, but plateauing there, 3.50, the new normal. price of oil at 90 a barrel. maybe the decline has ended. dismal, durable goods number, down 5 fpt 7% in march, biggest drop in seven months. dow down 16 at this point. sunkist made money in the first quarter, boost in profit helped by the launch of the company's 10 calorie soda. dr. pepper snapple up, proctor and gamble down, disappointing forecast, can't do t
ha-ha, a harvard academic says fracking is good for the environment. yeah, from harvard. he'll make his case next. thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're...
611
611
Apr 24, 2013
04/13
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we cannot change the macroeconomic environment. we have to wait and service our clients when rates move and business picks back up. liz: what do you expect for guidance? what like to point out for our viewers, a pretty stunning number. assets under management grew to 51 billion, up 30% from the prior-year quarter. morgan keegan, and an acquisition is in there. what is your current guidance, if you can articulate the for our viewers? >> well, we don't give guidance, so that's a quick answer. liz: i tried. [laughter] i thought i could try. >> assets under administration got up to 400 billion significantly this quarter as well. the base of the businesses find. for going to have to ride out market sometimes. the film about where we are. liz: did not fall for the old liz and david what is your guidance -- >> no, i'll was like to try. i admire it. liz: thank you so much for joining us. >> thank you. liz: and raymond james financial stock up 28% of the past year, the market really feels about it david: it's interesting. fixed-income, book
we cannot change the macroeconomic environment. we have to wait and service our clients when rates move and business picks back up. liz: what do you expect for guidance? what like to point out for our viewers, a pretty stunning number. assets under management grew to 51 billion, up 30% from the prior-year quarter. morgan keegan, and an acquisition is in there. what is your current guidance, if you can articulate the for our viewers? >> well, we don't give guidance, so that's a quick...
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Apr 18, 2013
04/13
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we are in a no growth environment. they are getting in the way of growth. the news in europe is extremely bad and going to get worse. their economy looks just absolutely horrible. stuart: they give very much, indeed. a very clean cut opinion. we appreciate that. thank you very much. the opening bell coming up 20 seconds from now. maybe a gain of ten-15 points. please remember we were down 138 points yesterday. 352,000 new claims for unemployment insurance. that was last week. that is a relative high number. nothing like what you expected. firing trend, the layoff trend still very much with us. we opened 11 points higher. now, we are up 23. let's get right to it. apple. where did it open today? nicole petallides. nicole: at least they have an up arrow today. we have to keep a close eye on apple. people who own apple not only is they are hot on technology, but if they are on the s&p 500. stuart: down 25% so far this year. down about 50% from september, october of last year. we get the earnings next week. a big buildup for that. tuesday of next week, i believe
we are in a no growth environment. they are getting in the way of growth. the news in europe is extremely bad and going to get worse. their economy looks just absolutely horrible. stuart: they give very much, indeed. a very clean cut opinion. we appreciate that. thank you very much. the opening bell coming up 20 seconds from now. maybe a gain of ten-15 points. please remember we were down 138 points yesterday. 352,000 new claims for unemployment insurance. that was last week. that is a relative...
567
567
Apr 22, 2013
04/13
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it's not your father's casino environment. this is to reflect the new consumer, the consumer is experienced samplelers. they want not to be told what to do, and we're building a park that will be the connective tissue between two iconic resorts already, new york new york and monte carlo. we're bringing danny meyers from shake shack out to las vegas for the first time, and we're building a brand new 20,000-seat arena that will anchor this park. so imagine an indoor/out experience where people can go around and not be told what to do, do what they want to do, and i think it's going to benefit the existing resorts we have. liz: and you've also got the hershey's chocolate world. i like chocolate so, of course, i totally -- [laughter] i completely focused on chocolate world. but i guess that the most important question that the investor or the shareholder really wants to know is will the revenues that come from this type of attraction match or supersede the ones that you would see from gambling? >> well, the good news here is that
it's not your father's casino environment. this is to reflect the new consumer, the consumer is experienced samplelers. they want not to be told what to do, and we're building a park that will be the connective tissue between two iconic resorts already, new york new york and monte carlo. we're bringing danny meyers from shake shack out to las vegas for the first time, and we're building a brand new 20,000-seat arena that will anchor this park. so imagine an indoor/out experience where people...
101
101
Apr 16, 2013
04/13
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and the red sox playing and the population was up another one point* 5 million it was a rich target environment and fortunately we had this happen that the first responders were ready and the tents were there and we do have some of the best hospitals in the world and it could have been norse -- worse. neil: but what it does about shaking america is confidence i will say we had been immune but largely save since 9/11. of lot of close calls that we have dodged that while seeing madrid, london, but not here. does this get americans that it cast a pall over this country again? >> is certainly makes us more aware if you have to be diligent to your surroundings that is something is out of place reported you are wrong you are embarrassed but if you are right you save lives. we live in the greatest country of the world we are best when our back is against the wall i am most proud of our country right now. people working together in marathon runners running to the hospitals to give blood. that is the of country we live in so hopefully people will be more aware but hopefully they will get mad with this f
and the red sox playing and the population was up another one point* 5 million it was a rich target environment and fortunately we had this happen that the first responders were ready and the tents were there and we do have some of the best hospitals in the world and it could have been norse -- worse. neil: but what it does about shaking america is confidence i will say we had been immune but largely save since 9/11. of lot of close calls that we have dodged that while seeing madrid, london,...
71
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Apr 16, 2013
04/13
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eye 71
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and the red sox playing and the population was up another one point* 5 million it was a rich target environment and fortunately we had this happen that the first responders were ready and the tents were there and we do have some of the best hospitals in the world and it could have been norse -- worse. neil: but what it does about shaking america is confidence i will say we had been immune but largely save since 9/11. of lot of close calls that we have dodged that while seeing madrid, london, but not here. does this get americans that it cast a pall over this country again? >> is certainly makes us more aware if you have to be diligent to your surroundings that is something is out of place reported you are wrong you are embarrassed but if you are right you save lives. we live in the greatest country of the world we are best when our back is against the wall i am most proud of our country right now. people working together in marathon runners running to the hospitals to give blood. that is the of country we live in so hopefully people will be more aware but hopefully they will get mad with this f
and the red sox playing and the population was up another one point* 5 million it was a rich target environment and fortunately we had this happen that the first responders were ready and the tents were there and we do have some of the best hospitals in the world and it could have been norse -- worse. neil: but what it does about shaking america is confidence i will say we had been immune but largely save since 9/11. of lot of close calls that we have dodged that while seeing madrid, london,...
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Apr 24, 2013
04/13
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unions want the jobs the pipeline will produce an environment lists don't care what jobs. up next, one republican senator predicting seven the yes votes for the gang of eight immigration proposal which is exciting. the "a-team" tells us whether that is wishful thinking or outstanding prognostication. monica crowley to more robbers chairman, fred barnes. these three are no strangers to prognostication. it will be right back. ♪ thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing llions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. ♪ lou: jet blue as, hillary clinton hitting the speaker circuit and the dallas area. spanking new presidential library. some are billing this as a preview of 2016. i personally think it is a little more like rerun of 1992, 1980, 32 years with either a clinton or
unions want the jobs the pipeline will produce an environment lists don't care what jobs. up next, one republican senator predicting seven the yes votes for the gang of eight immigration proposal which is exciting. the "a-team" tells us whether that is wishful thinking or outstanding prognostication. monica crowley to more robbers chairman, fred barnes. these three are no strangers to prognostication. it will be right back. ♪ thank you orville and wilbur... ...amelia... neil and...
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Apr 16, 2013
04/13
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they are very active in this cold environment. earlier this year, the indians were a little bit challenged. this clearly opened up the window for them. lori: let's talk about some of these gold mining stocks. a lot of people were concerned about the gold mining companies. getting back to your discussion with me on production costs versus -- do you think they are on a more bullish trajectory? >> i think we are getting a realignment that is a positive for the industry. lori: would you put new money into shares? >> not a position for us. lori: i appreciate your take. thank you. melissa: will the deadly boston terror attack change the tone? stephen moore is here. lori: let's take a look at who is moving the markets. they are all higher at the moment. all 30 issues. the dow itself, the index up 100 or virginia points. we will be right back. ♪ . .. . .. melissa: time for stocks now as we do every 15 minutes. let's head to the floor of the new york stock exchange. our own nicole petallides is standing by. nicole, stocks are in rally mo
they are very active in this cold environment. earlier this year, the indians were a little bit challenged. this clearly opened up the window for them. lori: let's talk about some of these gold mining stocks. a lot of people were concerned about the gold mining companies. getting back to your discussion with me on production costs versus -- do you think they are on a more bullish trajectory? >> i think we are getting a realignment that is a positive for the industry. lori: would you put...
51
51
Apr 24, 2013
04/13
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we have been operating at a very slow growth environment in this country, and yet ford has been able to capitalize on the slow growth. starting to sell more automobiles. the second point is the cost advantages are starting to move to the united states, more factors overseas coming to the u.s. for a number of reasons. the third has to do with this economy, we're only working at about half speed right at the moment. but everybody criticizes the slow growth that is out there now because implement growth isn't there. when employment growth begins to pick up, and that will probably be the latter and of 2014, we will start to see people replacing automobiles. we have a lot of older vehicles on the road. adam: what other stocks out there, were talking forward and boeing, but the opportunities of people long term, people are going to hold a stock for a long time. >> i would not look at ford or boeing. industrial sectors, automotive and aviation or two of the best kept secrets for the last three years. anybody coming to the table now are late to the game. if you want real long-term value you
we have been operating at a very slow growth environment in this country, and yet ford has been able to capitalize on the slow growth. starting to sell more automobiles. the second point is the cost advantages are starting to move to the united states, more factors overseas coming to the u.s. for a number of reasons. the third has to do with this economy, we're only working at about half speed right at the moment. but everybody criticizes the slow growth that is out there now because implement...
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Apr 23, 2013
04/13
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makes sense for both parties to get together in this environment. tracy: tough sell for a bank to make a 30-year loan at these low rates. they will not make money off me if i lock them in at 3%? >> that is why the majority of the mortgage loans are sold back to fannie and freddie and created as securities and dumped. banks can't manage that. you do not get a 30-year deposit. tracy: sure. >> better for them to sell them. absolutely right. the margins are not there to create robust margins. tracy: quickly talk about what you like and don't like. you run a long short fund. what do you like now? >> i like guys that return a lot of capital, trade in low dividends. increase the buybacks. i like regions. regions is a big position for me, rf. they reported earnings today. they beat. phe numbers are a little low as far as the treat street has for them. they have earnings headwinds and buybacks. that is straight return of capital story. on smaller banks --. tracy: you like citi as well. what on the other side what don't you like? what are you staying away fro
makes sense for both parties to get together in this environment. tracy: tough sell for a bank to make a 30-year loan at these low rates. they will not make money off me if i lock them in at 3%? >> that is why the majority of the mortgage loans are sold back to fannie and freddie and created as securities and dumped. banks can't manage that. you do not get a 30-year deposit. tracy: sure. >> better for them to sell them. absolutely right. the margins are not there to create robust...
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Apr 19, 2013
04/13
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terms of what we are going to do differently to ensure the safety of bust audience, americans in an environment that we have grown accustomed to where liberties and freedoms are paramount, but at the same time, i think the issue now immediately shifts to a more effective public safety measures to make sure that the police are effectively able to do their job. and the people are able to walk the streets in safety. connell: you are in the area today? >> as the miami. i have been here this whole time. i was at the boston marathon. my grandchildren were right there at the finish line. they saw the horror of this whole thing. and, yes, the people are coming together. united in their commitment in terms of support for the innocent victims. they are also concerned about justice. that is the second step, and that is what we're going through now. finding out who is impossible for this or what organization, if any, is responsible for this. and thirdly, we just want to make sure that this never happens again. connell: we will wait for this briefing to see if we get any answers to the question that the for
terms of what we are going to do differently to ensure the safety of bust audience, americans in an environment that we have grown accustomed to where liberties and freedoms are paramount, but at the same time, i think the issue now immediately shifts to a more effective public safety measures to make sure that the police are effectively able to do their job. and the people are able to walk the streets in safety. connell: you are in the area today? >> as the miami. i have been here this...
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619
Apr 18, 2013
04/13
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we're in a zero yield environment. if you provide a little extra, investors are really happy about that. liz: good to see you tom. speaking about ipos and talking about, that i will speak with the ceo of seaworld as i mentioned that is tomorrow on the "countdown to the closing bell". that is -- the closing bell. maybe? james atchison. we'll have him. david: you like fairway? liz: i do. you know why? because the cheese is so much less than at whole foods. david: been years since i eat cheese. some the workers that say you pay your taxes are scramming the system and stealing your tax dollars. the details of this story are going to make you furious. might want to get the kid out of the room. that is next. liz: google starting to distribute pricey brand new internet connected glasses called google glass. we want to know if you would fork over $1500 a pair? log on to facebook.co facebook.com/afterthebell. tell us what you think. we'll read your comments later this hour. ♪ . are you still sleeping? just wanted check and ma
we're in a zero yield environment. if you provide a little extra, investors are really happy about that. liz: good to see you tom. speaking about ipos and talking about, that i will speak with the ceo of seaworld as i mentioned that is tomorrow on the "countdown to the closing bell". that is -- the closing bell. maybe? james atchison. we'll have him. david: you like fairway? liz: i do. you know why? because the cheese is so much less than at whole foods. david: been years since i eat...
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Apr 23, 2013
04/13
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connell: how does that environment sustain itself? >> is it sustainable in the long run, no. that means over a ten year cycle. i am focused over the next year or two years. earnings can continue to grow because we see 20% of s&p 500 companies hoarding. only 45% have beat revenues. i think that we could be in a period of time where we have a divergence in the markets between those that are doing really well and those that are not doing really well at all. you could get a lot of disparities. connell: brian jacobson, wells fargo, thank you very much. appreciate it. >> thank you. dagen: rilling knowing about it through minor. connell: at&t versus google. we will tell you why. we will keep an eye on the market. a big day today. oil is down. we will be back with much more on market now. ♪ ♪ ♪ [ male announcer ] help brazil reduce its ovell reliance on foreign imports with the launch of the country's largest petrochemical operation. ♪ when emerson takes up the challenge, "it's never been done before" simply bemes consider it solved. emerson. ♪ emerson. if you've got it, yo
connell: how does that environment sustain itself? >> is it sustainable in the long run, no. that means over a ten year cycle. i am focused over the next year or two years. earnings can continue to grow because we see 20% of s&p 500 companies hoarding. only 45% have beat revenues. i think that we could be in a period of time where we have a divergence in the markets between those that are doing really well and those that are not doing really well at all. you could get a lot of...
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Apr 23, 2013
04/13
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the reason that's important because it speaks to competitive environment that is out there. it also will cause questions on the call regarding newer, lower cost devices for emerging markets. is that being baked in or, what's causing particularly 36, 37 in the june quarter. david: when you look at the beat on the unit sales, john, we were expecting 17 to 18 million ipads. they sold 19.5 million ipads. 35 million iphones. they sold 37. isn't that, more significant than perhaps the lower end on the gross margins? >> well i said the gross margins will be the question on the call. david: yeah. >> certainly i think it will be a relief on the unit side both for iphone units and ipad units. you layer that together with the, share owner friendly buyback, dividend, i think stock, all else equal will be performing well tomorrow. liz: the margin issue i think you're absolutely right but what do you think the market will focus on? do you think it really will be that or the fact that not only did they sell so many more ipads and iphones but to see that kind of number move, not to mention
the reason that's important because it speaks to competitive environment that is out there. it also will cause questions on the call regarding newer, lower cost devices for emerging markets. is that being baked in or, what's causing particularly 36, 37 in the june quarter. david: when you look at the beat on the unit sales, john, we were expecting 17 to 18 million ipads. they sold 19.5 million ipads. 35 million iphones. they sold 37. isn't that, more significant than perhaps the lower end on...
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78
Apr 17, 2013
04/13
by
FBC
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eye 78
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in those environments, gold does very well. you have the goldman sachs downgrade. you have people picking sides. then you have the slowing chinese debt. i think that really hits the market all at once. that led to margins being that and they continue to tumble downwards. dagen: talk about the difference you are seeing in behavior. are you seeing any selling among those physical gold owners? >> not as dramatic of a difference. we are a precious metals platform. on friday and monday, we had four to five times as many body and sell orders. we have done our own research. i think that plays into my point. it is somewhat reminiscent to what happened to apple. in the paper market, you have a dramatic selloff. in the physical market, the demand is very, very strong. connell: let's follow up on that. let's talk about apple. the big game for the dollar versus the euro. is that part of the case you make for gold? >> i think part of the reason is for safety. in times like this, i think now is a fantastic entry point. it is certainly better than two weeks ago. it is uncorrelate
in those environments, gold does very well. you have the goldman sachs downgrade. you have people picking sides. then you have the slowing chinese debt. i think that really hits the market all at once. that led to margins being that and they continue to tumble downwards. dagen: talk about the difference you are seeing in behavior. are you seeing any selling among those physical gold owners? >> not as dramatic of a difference. we are a precious metals platform. on friday and monday, we had...
1,042
1.0K
Apr 24, 2013
04/13
by
FBC
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eye 1,042
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ashley: yeah. >> the iphone and ipod were disruptive technologies in the leisure environment. it will be very difficult to replicate that. i don't know if going downstream is it necessarily the answer. that is outside of my wheelhouse. i'm not a technical product specialist but what they clearly need to do is figure out, i think back to what steve jobs did when he returned to apple initially. ashley: yeah. >> he shrunk the skus from 24 down to 10. i think that it is getting to the point where apple is starting to get a little bit too much product and here's a s version of the same thing. here is lighter version and smaller version. ashley: yep. >> gets very confusing and muddled in the marketplace where people don't have direction and opens up the door for competition to come out. we're doing this product better than them. that is what happened with samsung on the smartphone market. i think they maybe need to pare that back. from an investor perspective --. ashley: this is decent entry point right now? >> wonderful entry point as long as you're willing to be patient. i'm not s
ashley: yeah. >> the iphone and ipod were disruptive technologies in the leisure environment. it will be very difficult to replicate that. i don't know if going downstream is it necessarily the answer. that is outside of my wheelhouse. i'm not a technical product specialist but what they clearly need to do is figure out, i think back to what steve jobs did when he returned to apple initially. ashley: yeah. >> he shrunk the skus from 24 down to 10. i think that it is getting to the...
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110
Apr 24, 2013
04/13
by
FBC
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eye 110
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volatile environment. i always remind everybody, we are not just watching the commodities themselves, this affects a lot of stocks. we are watching all about for you. connell: the dow has market loss. cheryl and dennis are coming up as market now continue. how to fix this twitter problem. that is coming up next on markets now. ♪ [ female announcer ] working together means working efficiently. and a lennox home comfort system may just be the perfect example. its air conditioner works together with the furnace, and that works together with the air purifier, and that works with you by saving you up to half off your heating and cooling bill. call now to get up to sixteen hundred dollars back or 12 months deferred interest on select lennox home comfort systems. offer ends june 14th. plus download our free lennox mobile app with an energy-savings calculator. lennox. novation never felt so good. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male
volatile environment. i always remind everybody, we are not just watching the commodities themselves, this affects a lot of stocks. we are watching all about for you. connell: the dow has market loss. cheryl and dennis are coming up as market now continue. how to fix this twitter problem. that is coming up next on markets now. ♪ [ female announcer ] working together means working efficiently. and a lennox home comfort system may just be the perfect example. its air conditioner works together...
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holiday to highlight the various efforts worldwide that are taken each and every day to protect our environment including efforts like timbs which sent him to prison today earth day is celebrated in over one hundred ninety nations worldwide and the number grows larger each year unfortunately as the years have gone by the true meaning of earth day has become blurred by corporate power and by our society's toxic addiction to the fossil fuels that are polluting our environment and hastening the process of climate change while we have made some strides in fighting back against the greatest threat to our planet has ever faced we still rely far too much on sources of energy that are not only dirty but that are rooted millions of years ago in our planet's history there is any hope of preventing a complete environmental catastrophe we need to stop relying on dirty fossil fuels now and step out of the age of the dinosaurs and that doesn't mean just putting pressure on our government officials but also taking upon ourselves to fight on behalf of our shared planet and that is the subject of tonight's dail
holiday to highlight the various efforts worldwide that are taken each and every day to protect our environment including efforts like timbs which sent him to prison today earth day is celebrated in over one hundred ninety nations worldwide and the number grows larger each year unfortunately as the years have gone by the true meaning of earth day has become blurred by corporate power and by our society's toxic addiction to the fossil fuels that are polluting our environment and hastening the...
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82
Apr 22, 2013
04/13
by
FBC
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eye 82
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when paul has already said this is not an environment in which to address this. there are serious allegations of what they knew and did not know, and we'll have the benefit of hindsight. we are all monday morning quarterbacks on this, but because of his and issue intricately woven into legislation, we ought to let the dust settle, the emotions calm down before we address it. ashley: when you look at the root they took, everything was done legally. they went through the process, the younger brother became a citizen on 9/11 last year, the older brother held a green card, they filled out all the forms. what did the fbi now reportedly, allegedly i should say, knew they were tipped off the older brother, there was concerned about him. from an immigration point of view, some say they got through the cracks. tracy: fbi does not monitor immigrants. the fbi would only get involved with immigrant if there is credible allegation of criminal activity. it did not rise to the level of prosecution of credibility. they can only go forward with and do something with evidence when
when paul has already said this is not an environment in which to address this. there are serious allegations of what they knew and did not know, and we'll have the benefit of hindsight. we are all monday morning quarterbacks on this, but because of his and issue intricately woven into legislation, we ought to let the dust settle, the emotions calm down before we address it. ashley: when you look at the root they took, everything was done legally. they went through the process, the younger...
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92
Apr 16, 2013
04/13
by
WUSA
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eye 92
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in an odds, ironic way, you couldn't have had a better environment for a criminal investigation than yesterday. i mean, you had so much security on site, including the national guard, the joint terrorism tank force is on high alert for big events like this. i think they're going to crack this case pretty fast. >> you feel very comfortable that very soon we should have some information on who was behind this attack? >> i do. because it looks like an amateur job for one from what we know. >> it does? >> the early analysis of the bombs. these are not plastique explosives favored by professional terrorist groups you might say. also, you know, many of the things that civil libertarians complain about, the intrusive surveillance and monitoring of e-mail and phone traffic and so on, these are all in place. these are going to work much to the government's advantage in this particular incident. >> so very soon some information should be coming out. >> we don't like to same, you know -- but if ever the government was positioned to solve the case quickly, it's in boston where all the security a
in an odds, ironic way, you couldn't have had a better environment for a criminal investigation than yesterday. i mean, you had so much security on site, including the national guard, the joint terrorism tank force is on high alert for big events like this. i think they're going to crack this case pretty fast. >> you feel very comfortable that very soon we should have some information on who was behind this attack? >> i do. because it looks like an amateur job for one from what we...
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100
Apr 24, 2013
04/13
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CSPAN
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eye 100
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in that sense, we are in a different environment than 1958. when i first came to darpa in 1986, now we know we were close to the end of the cold war, but in 1986, we didn't know it was that close, and in that environment, even though the world was quite complex, what we thought was one this overwhelming threat to the the united states. in that sense, the scenarios are much more diverse. >> [inaudible] >> we hear about the g.p.s. o we have a time period -- [inaudible] >> we have created our own surprises. can you list any of the surprises you have created? >> let me start with the second question. my first example will tie to your question about g.p.s. in the 1980's, when g.p.s. satellites started becoming widely deployed, at that time we had g.p.s. capability but it meant carrying an enormous box around on your shoulder or ship. it was a heavy pack, but it was not the kind of capability that it is today. how it goss from there to the point that it's embedded, not just in all of our platforms, but in all of our weapons and in it's our weapons a
in that sense, we are in a different environment than 1958. when i first came to darpa in 1986, now we know we were close to the end of the cold war, but in 1986, we didn't know it was that close, and in that environment, even though the world was quite complex, what we thought was one this overwhelming threat to the the united states. in that sense, the scenarios are much more diverse. >> [inaudible] >> we hear about the g.p.s. o we have a time period -- [inaudible] >> we...
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Apr 16, 2013
04/13
by
CSPAN
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eye 74
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the second reason it is timely is because on the american side, we have not seen the policy environment the so conducive to dealing with the key issues between the u.s. and mexico. is hot andtion bill heavy, front and center. ginsburg indid espagnole. shows, toe sunday talk about immigration. the gang of eight is hard at work on that. guns, u.s.-mexico relations. i think the guns may come out not quite as favorable to mexico's longstanding positions as the immigration debate might. i would take a 14 two. we will be in good shape. the third is trade. states, nowunited japan, canada, are linked in the trans-pacific partnership talks. talks with many of our key trading allies across the pacific. many of us view it as a chance. into thebring nafta 21st century. much on thee very u.s. agenda. it shows great forward progress. welcome all of you to what promises to be a truly fascinating session. the second reason this will be terrific is because of our panelists. i will say little bit more about the ambassador of mexico. meissner, who i served with in the clinton administration. she is one of
the second reason it is timely is because on the american side, we have not seen the policy environment the so conducive to dealing with the key issues between the u.s. and mexico. is hot andtion bill heavy, front and center. ginsburg indid espagnole. shows, toe sunday talk about immigration. the gang of eight is hard at work on that. guns, u.s.-mexico relations. i think the guns may come out not quite as favorable to mexico's longstanding positions as the immigration debate might. i would take...
WHUT (Howard University Television)
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201
Apr 16, 2013
04/13
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WHUT
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we want to create the kind of business environment that will make people want to work here. >> reporter: despite the competition, many of the visitors from japan became interested in coming to brazil. >> translator: the more i learn, the harder it seems to do business here. but i think brazil has huge potential as a market. >> reporter: the competition for labor is starting to spread into more and more rural areas in brazil. but that's unlikely to discourage japanese companies from investing in this rapidly expanding economy. nhk world. >>> let's now get another check of the market figures. >>> crews at the damaged fukushima daiichi nuclear plant in japan have started work on a project to stop highly contaminated water from escaping into the environment. tokyo electric power company workers discovered three of seven underground storage pools are leaking. tepco officials believe pools one and two may be leaking the most. so they're placing priority on draining them. on tuesday, workers started transferring about 20 tons of water per hour from pool two to an above ground tank more than 40
we want to create the kind of business environment that will make people want to work here. >> reporter: despite the competition, many of the visitors from japan became interested in coming to brazil. >> translator: the more i learn, the harder it seems to do business here. but i think brazil has huge potential as a market. >> reporter: the competition for labor is starting to spread into more and more rural areas in brazil. but that's unlikely to discourage japanese companies...
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Apr 20, 2013
04/13
by
CSPAN2
tv
eye 65
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think that the aerial study should be work environment to a public environment, and transformation of gender relations. >> finished the group of women who have come to talk to us. there werealking about details, really learning lessons which they had to because the boys will be boys really doesn't work too well for girls. >> that assumption. >> right. yes. yes. >> sent you very much. i really enjoyed listening. mobilizing people across the country. i work for the who. and they'd have a discussions about whether here in washington they should have a separate gender limits focus on issues of gender equality or whether that is just something for each department. the decision ultimately may never change. once i was to have a separate gender. but the biggest issues and let america was working with. as is said, the attitude among at least the americans, where much about the latin motto man. go home and make dinner. enforcement and particularly with in court. >> okay. the first re of a question. >> yes. a separate gender. that has been debated for a long time. i think i belong to the develop
think that the aerial study should be work environment to a public environment, and transformation of gender relations. >> finished the group of women who have come to talk to us. there werealking about details, really learning lessons which they had to because the boys will be boys really doesn't work too well for girls. >> that assumption. >> right. yes. yes. >> sent you very much. i really enjoyed listening. mobilizing people across the country. i work for the who....
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489
Apr 17, 2013
04/13
by
CNBC
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eye 489
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a one-two punch over concerns between european credit and also some worries about the global growth environment. we think we may have a little bit of a pause here, but we're going to see continued growth through the year. it will be rewarded by take risk in the stock market. >> why? >> because with growth keeping up and inflation being under control, monetary policy is going to stay very easy, and we see that as being something that's going to lead to equity returns being positive. >> you have to admit, we've had a very good first quarter, 10% gains for most of the averages, 15% at the most extreme. aren't we due for a correction of some kind? >> well, we could absolutely have a pause here and a small correction wouldn't be off the realm, but without a big downturn in data or a big change in monetary policy expectations, i think it will be relative tame. >> what have you thought of the earnings so far this season? >> they've been modestly disappointing. we got some news today about corporate business jet appetite that was a little bit disappointing. but then look at the fed beige book report to
a one-two punch over concerns between european credit and also some worries about the global growth environment. we think we may have a little bit of a pause here, but we're going to see continued growth through the year. it will be rewarded by take risk in the stock market. >> why? >> because with growth keeping up and inflation being under control, monetary policy is going to stay very easy, and we see that as being something that's going to lead to equity returns being positive....
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147
Apr 17, 2013
04/13
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CSPAN
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eye 147
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america does not have to take a backseat to anyone on a clean environment. in fact, our co-2 emissions in america today are lower than they have been in 20 years, and our other emissions are lower than they have been in many, many years because our clean air act and our clean water act is working. but let's not use these pieces of legislation to penalize the american people and lose jobs and be less competitive in the global marketplace. so i want to thank the gentleman for sponsoring this event, and let's be mindful of the importance of coal in producing electricity in america. thank you. mr. barr: i thank the gentleman, and i think his final point was a good one that ironically the e.p.a.'s policies overly restrictive policies are actually contributing to a negative global environment. the crackdown on domestic energy production is producing exports to countries with inferior electrical generation capabilities. we need to unleash the free enterprise system. the american free enterprise system is what will solve problems in utility generation and in energy
america does not have to take a backseat to anyone on a clean environment. in fact, our co-2 emissions in america today are lower than they have been in 20 years, and our other emissions are lower than they have been in many, many years because our clean air act and our clean water act is working. but let's not use these pieces of legislation to penalize the american people and lose jobs and be less competitive in the global marketplace. so i want to thank the gentleman for sponsoring this...
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163
Apr 17, 2013
04/13
by
CNNW
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eye 163
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it's a very chaotic environment is the impression i have. they want to do this in a deliberate way and build the best possible case. >> fran townsend cnn national security. thank you very much. what goes into making a pressure cooker bomb and how could that information provide clues on what is behind the attack? we'll take a closer look plus of course still waiting on the news conference on the latest into the investigation. stay with us. we'll bring you that live as soon as it starts. ng work of te. ♪ this is the 2013 lexus es and the first-ever es hybrid. this is the pursuit of perfection. ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ] now get 50% off brake pads and shoes at meineke. >>> welcome back to "the lead." i'm jake tapper live in boston, moisture. they are looking for the virtual fingerprints of a terrorist. right now agents at the fbi lab in quantico, virginia are trying to rebuild the bombs that killed three and maintained so many innocents at the boston marathon. investigators h
it's a very chaotic environment is the impression i have. they want to do this in a deliberate way and build the best possible case. >> fran townsend cnn national security. thank you very much. what goes into making a pressure cooker bomb and how could that information provide clues on what is behind the attack? we'll take a closer look plus of course still waiting on the news conference on the latest into the investigation. stay with us. we'll bring you that live as soon as it starts. ng...
90
90
Apr 22, 2013
04/13
by
CSPAN2
tv
eye 90
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a set of rules that is designed to create and environment of law and order. rather than one of chaos. and then make sure that those rules are implemented in an even-handed fashion. so as not to advantage any particular business at the expense of another. that is the best way that government can support that, and when government tries to go beyond that or promises to go beyond that, it usually ends up picking the winners and the losers and it becomes destructive to the free market economy. and to the interests that we're trying tochieve through the freeart economy and through robust, free, civil society. >> francis johnson, strategic planning initiative. we have a challenge before us of gaining morehe ge public, a set of them, who will see the wisdom of what we think is wisdom. we're talking about here and, then, if you will, support legislators and senators for congress who believe the same thing. now, a way to enlarge the circle may be, to start with the endgame. tell some stories, about particular people with names surrogate names, that have been benefited
a set of rules that is designed to create and environment of law and order. rather than one of chaos. and then make sure that those rules are implemented in an even-handed fashion. so as not to advantage any particular business at the expense of another. that is the best way that government can support that, and when government tries to go beyond that or promises to go beyond that, it usually ends up picking the winners and the losers and it becomes destructive to the free market economy. and...
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88
Apr 17, 2013
04/13
by
KCSMMHZ
tv
eye 88
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crews will pump any contaminated water they collect back no the fool minimize damage to the environment. tepco officials say the volume of contaminated water is increasing by about 400 tons per day. they'll no longer use the underground storage pools and plan to install more above ground tanks. they're working on a way to deacon tam nate the water. currently only two of japan's reactors are on line and generating power. a group of citizens has been waging a battle to shut those down. a japanese court ruled there wasn't enough evidence showing the nuclear plant poses a risk. nhk reports. >> reporter: the plaintiffs in this case had hoped for a legal victory. now they're coming to terms with their loss. >> translator: the court decision is really regrettable. >> reporter: the case centers on the plant in fukui prefecture. the operator restarted two reactors there last august. engineers said computer simulations showed the units would be able to sustain a major earthquake. but some residents weren't convinced. more than 260 of them filed an injunction to force the utility to stop the react
crews will pump any contaminated water they collect back no the fool minimize damage to the environment. tepco officials say the volume of contaminated water is increasing by about 400 tons per day. they'll no longer use the underground storage pools and plan to install more above ground tanks. they're working on a way to deacon tam nate the water. currently only two of japan's reactors are on line and generating power. a group of citizens has been waging a battle to shut those down. a japanese...
SFGTV: San Francisco Government Television
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54
Apr 23, 2013
04/13
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SFGTV
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eye 54
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our pension fund should divest fossil fuels polluting our environment . invest in the energy sources of the future again thank you to supervisor avalos and the many richmond district residents and people throughout the city who have supported this. >> president chiu: supervisor cohen. >> supervisor cohen: as a public service announcement i want to bring attention that i am the board appointee to the san francisco retirement board. i will continue to carry your wishes on this board but i wanted to manage the expectations that this is a nonbinding resolution; a statement of this body asking and urging the retirement board, of which there are six other members to take this under consideration and also want to know is that there is a very thoughtful, but fairly long and drawnout process, the divestment process to begin this process. and i will be making an appointment to talk with each of you to talk about the divestment process and to make myself available to you and answer questions that you may have on how we can begin to move this particular policy . agen
our pension fund should divest fossil fuels polluting our environment . invest in the energy sources of the future again thank you to supervisor avalos and the many richmond district residents and people throughout the city who have supported this. >> president chiu: supervisor cohen. >> supervisor cohen: as a public service announcement i want to bring attention that i am the board appointee to the san francisco retirement board. i will continue to carry your wishes on this board...
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99
Apr 17, 2013
04/13
by
KCSM
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eye 99
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they have started work on a project to stop the contaminated water from escaping into the environment. workers for tokyo electric power company discovered three of seven underground storage pools are leaking. tepco officials believe pools one and two may be leak being the most. so they're placing priority on training them. on tuesday workers started transferring with 20 tons per hour from pool two to an above ground tank more than 400 meters away. officials say the process will be long. they plan to step up monitoring to make sure no water escapes during transfer. they estimate they'll be able to move more than 23,000 tons of contaminated water by early june. but the underground pools will continue to leak during the operation. crews will pump any contaminated water they collect back no the fool minimize damage to the environment. tepco officials say the volume of contaminated water is increasing by about 400 tons per day. they'll no longer use the underground storage pools and plan to install more above ground tanks. they're working on finding a way to decontaminate the water. >>> cu
they have started work on a project to stop the contaminated water from escaping into the environment. workers for tokyo electric power company discovered three of seven underground storage pools are leaking. tepco officials believe pools one and two may be leak being the most. so they're placing priority on training them. on tuesday workers started transferring with 20 tons per hour from pool two to an above ground tank more than 400 meters away. officials say the process will be long. they...
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125
Apr 16, 2013
04/13
by
KCSMMHZ
tv
eye 125
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we want to create the kind of business environment that will make people want to work here. >> despite the competition, many of the visitors from japan became interested in coming to brazil. >> translator: the more i learn, the harder is seems to do business here, but i think there is huge potential. >> the competition is spreading, but that's unlikely to discourage companies from expanding in this economy. >>> a "new york times" reporter in china has won journalism's highest honor. david barboza was awarded the pull lit -- pulitzer prize for exposing the hidden wealth of the family of china's former premier. new york's columbia university announced the winners of the award on monday. the pulitzer also covers literature, drama and music. barboza reported that relatives of then-premier wen jiabao had secretly amassed billions of bars. the judges praised his exposure of corruption. they noted he published his work despite heavy pressure from chinese officials. wen's family denied the report. the chinese government also criticized it. "the new york times" also won a pulitzer or reporting
we want to create the kind of business environment that will make people want to work here. >> despite the competition, many of the visitors from japan became interested in coming to brazil. >> translator: the more i learn, the harder is seems to do business here, but i think there is huge potential. >> the competition is spreading, but that's unlikely to discourage companies from expanding in this economy. >>> a "new york times" reporter in china has won...
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119
Apr 17, 2013
04/13
by
KRCB
tv
eye 119
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bank of america became some of the highlighting in a low-rate environment. sf servicing more loans and making less money from them. a report card for the good and the bad of the fed's low rates! the housing market, especially mortgage borrowers, have been the biggest beneficiary that began in 2008. close to 20 million mortgages have been refinanced since then. mortgage applications were up about 5% last week and the mortgage banker's association says the purchase index is at its highest level in two years. >> homes are just incredibly affordable because of these very low rate that is have been there to push down interest rates. >> low interest rates are getting consumerinto auto-showrooms. new car sales could top $15 million this year and negotia negotiating monthly payments that take away much of the new car sticker shock. both consumers and businesses are paying off or refinancing debt. consumer refinancing is at its lowest level in a decade. approximately $70,000 per household. >> we've seen corporations clean up their balance sheets even more so. they've
bank of america became some of the highlighting in a low-rate environment. sf servicing more loans and making less money from them. a report card for the good and the bad of the fed's low rates! the housing market, especially mortgage borrowers, have been the biggest beneficiary that began in 2008. close to 20 million mortgages have been refinanced since then. mortgage applications were up about 5% last week and the mortgage banker's association says the purchase index is at its highest level...
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104
Apr 22, 2013
04/13
by
CSPAN2
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eye 104
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remember, $4.5 billion is what we spend for a today to to operate in that environment. so safing, too, when in fact you will not go on the street with the exception of package delivery which will be done with dynamic routeing with a lower cost employee allows us to provide that kind of service at a lower cost. the mail processing cost, the transportation cost, network changes, that's all money that can come off the we've also calculated in what we think, you know, is the revenue loss, and we've talked to a lot of of customers to validate that. we think we're on pretty good terms with that. so the two billion is doable. let me clear something else up. people say, well, it's only two out of 20 billion. it is not. if we had it this year, we would break even from an operational standpoint. this year we will lose about $1.7 billion in the operating line. that's revenue minus costs with the exception of worker's comp costs and prefunding. we would actually make money if we made the six to five move at beginning of this year. what happens with the 20 billion, that gap exists w
remember, $4.5 billion is what we spend for a today to to operate in that environment. so safing, too, when in fact you will not go on the street with the exception of package delivery which will be done with dynamic routeing with a lower cost employee allows us to provide that kind of service at a lower cost. the mail processing cost, the transportation cost, network changes, that's all money that can come off the we've also calculated in what we think, you know, is the revenue loss, and we've...
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and protect the health and environment that i'm in panic because the mining will destroy our clean air and clean water part of the problem is the process used to extract and purify gold and other metals which critics say will lead contamination by cyanide and other chemicals this method. results in getting the metals from the office all of that metals the majority of them and live in there with a lot of that is it to us as we travel up into the hills where forest has already been cleared the mining company security trails us persuade. the stock goes up you do that with security and locals are you arguing that this is a checkpoint they don't want us to film we want to pass honest public roads but i don't this show was about television to between the locals and finding good idea of the good of. tensions indeed the locals have destroyed some of the company's heavy machinery and ransacked the police station police have raided homes in the middle of the night to arrest suspects and fired tear gas at protesters but they. there is as much support for eldorado here is criticism both from the g
and protect the health and environment that i'm in panic because the mining will destroy our clean air and clean water part of the problem is the process used to extract and purify gold and other metals which critics say will lead contamination by cyanide and other chemicals this method. results in getting the metals from the office all of that metals the majority of them and live in there with a lot of that is it to us as we travel up into the hills where forest has already been cleared the...
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Apr 16, 2013
04/13
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CSPAN2
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number one i think the consumer has really demonstrated incredible wisdom in a challenging economic environment. the question for all of us is how long willho that last that e consumers held up relatively well. i think we alsoly see that in spending and the credit risk -- or formants which have substantially come down verall, they're at close to historical lows. we're performing a50% better than the major bank card issuers. so i think that that demonstrates some view that the consumer health is pretty decent. consumer confidence held up pretty well. but, frankly, david, i've really been of the view not surprisingly that the economic recovery as i look at in the broad scale is going to be relatively slow. i don't have a great deal of confidence that there's going to be any turnaround in the near term. and i think what we've got to hope for is that it >> over the last, certainly over the last four years of this administration part of a long-term trend as i've outlined in the book is using more and more state power to impose a particular worldview called liberalism and i will go into a definition
number one i think the consumer has really demonstrated incredible wisdom in a challenging economic environment. the question for all of us is how long willho that last that e consumers held up relatively well. i think we alsoly see that in spending and the credit risk -- or formants which have substantially come down verall, they're at close to historical lows. we're performing a50% better than the major bank card issuers. so i think that that demonstrates some view that the consumer health is...
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72
Apr 16, 2013
04/13
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CSPAN
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but in this environment, we're going to have to start doing all that. you're a form business guy, i'm a former business guy. there's ways that we can bring down some costs without i think impacting readiness. and these are things that we need to seriously get involved in, in the coming months, if we're going to get ahold of this issue. i appreciate your response, mr. secretary. >> congressman, thank you. i'll respond here very quickly to each of your points. i'm going to ask the comptroller to specifically address the civilian work force issue because that work force is coming down, the projections as well, for reasons here that the comptroller will address. but acquisitions. the g.a.o. recently released a eport that was assessing our acquisition programs and processes, which was actually pretty favorable to the efforts and the work that is being done and has been done. we have a long way to go. we recognize that for the reasons that you noted. something that the current deputy secretary started when he was the undersecretary for acquisitions, best buy
but in this environment, we're going to have to start doing all that. you're a form business guy, i'm a former business guy. there's ways that we can bring down some costs without i think impacting readiness. and these are things that we need to seriously get involved in, in the coming months, if we're going to get ahold of this issue. i appreciate your response, mr. secretary. >> congressman, thank you. i'll respond here very quickly to each of your points. i'm going to ask the...
224
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Apr 24, 2013
04/13
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CNBC
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are these countries conscious of what is being done to the environment? >> well, they r. i know from my close contact with people in the chinese government, for example, but they've had some bigger fish to fry in many of these emerging markets. firstly, feeding their people. so as that starts to happen and you get on with mazlov's hierarchy of needs, foods, clothing, shelter, they turn immediately onto the environments. so i'm noticing a big conscience out there. but they have government's limited resources. >> let's talk about the quarter. because when you came on last time, you said, "what keeps me up at night is germany. it was 60% of our province now." in your conference call, i'm pointing it out because you make the point, you were unhappy with germany, this turned out to create sleepless nights. >> more specifically, i was used to be worried about germany in the mid-'90s when they were 60% of our profits. i outlined on our conference call this morning, we have 15 markets na are the drivers of our business right now. so just like many of the portfolio managers, you c
are these countries conscious of what is being done to the environment? >> well, they r. i know from my close contact with people in the chinese government, for example, but they've had some bigger fish to fry in many of these emerging markets. firstly, feeding their people. so as that starts to happen and you get on with mazlov's hierarchy of needs, foods, clothing, shelter, they turn immediately onto the environments. so i'm noticing a big conscience out there. but they have...